Submitted by Coronazonewearmask t3_10nwqds in Showerthoughts
iamr3d88 t1_j6e84vn wrote
Reply to comment by Sir-Viette in One day, being a millionaire is not going to be considered rich. by Coronazonewearmask
Over 20+ years, I you take 4% per year out while making 7-10% on average, your portfolio will grow with inflation. That's not guaranteed, but it pretty much works out that way.
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